Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Australian Dollar/Lithuanian Litas (FOREX:AUDLTL)
Bull Market Weakness (+75) - AUDLTL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDLTL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AUDLTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDLTL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDLTL
The long-term trend has been DOWN since Apr 1st, 2021 at 2.2188994
The intermediate-term trend has been UP since Oct 10th, 2021 at 2.1473220
The short-term trend has been UP since Oct 19th, 2021 at 2.1851642
Smart Scan Analysis for AUDLTL
Based on our trend formula, AUDLTL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).